Call reports 2020
F&M BANK AND TRUST COMPANY — 2020
What F&M BANK AND TRUST COMPANY reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 129,413,000 | 137,912,000 | 142,896,000 | 139,914,000 |
| Total loans | 103,386,000 | 103,976,000 | 105,048,000 | 100,403,000 |
| Allowance for loan losses | 1,312,000 | 1,370,000 | 1,416,000 | 1,482,000 |
| Securities available for sale | 16,570,000 | 17,128,000 | 20,173,000 | 27,631,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 115,449,000 | 123,348,000 | 127,853,000 | 124,798,000 |
| Interest-bearing deposits | 92,526,000 | 94,798,000 | 97,882,000 | 97,168,000 |
| Noninterest-bearing deposits | 22,923,000 | 28,550,000 | 29,971,000 | 27,630,000 |
| Equity capital | 13,369,000 | 13,834,000 | 14,145,000 | 14,168,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,288,000 | 2,569,000 | 3,784,000 | 5,036,000 |
| Interest expense | 182,000 | 328,000 | 473,000 | 604,000 |
| Net interest income | 1,106,000 | 2,241,000 | 3,311,000 | 4,432,000 |
| Noninterest income | 206,000 | 578,000 | 979,000 | 1,426,000 |
| Noninterest expense | 912,000 | 1,800,000 | 2,746,000 | 3,685,000 |
| Provision for loan losses | 0 | 50,000 | 90,000 | 150,000 |
| Pretax income | 400,000 | 992,000 | 1,477,000 | 2,023,000 |
| Income tax | 101,000 | 252,000 | 371,000 | 527,000 |
| Net income | 299,000 | 740,000 | 1,106,000 | 1,496,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,303,000 | 12,864,000 | 13,327,000 | 13,461,000 |